Word: rubberizing
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...rubber-stamp vote turns a tough general into a President
...South Korean presidential race was not exactly a cliffhanger. Indeed, Chun Doo Hwan, 49, the military strongman, ordered construction to begin on his inaugural stand before the election was even announced. Then last week the National Conference for Unification, the rubber-stamp electoral college, convened in Seoul's Changchung arena to make it official. With only one invalid ballot marring the unanimity of 2,525 delegates, Chun was voted the country's fifth President since it gained statehood...
...function of the huge congress was more formal than real. It was to rubber-stamp decisions already made by the party's leaders and carefully advertised in advance. Still, every effort was being made to make it a showcase event and to prepare the country for the changeover. The congress was also expected to consider new laws on marriage, income tax and foreign investment, and was likely to approve a measure limiting the length of time one individual can hold any given public office. In a highly unusual gesture of openness, the foreign press was invited to attend some...
...single largest industries in the U.S. economy. Car manufacturers, suppliers, dealers and repairmen account for about one-fifth of the country's gross national product. Autos create employment for almost one in five American workers. The industry uses 60% of the country's synthetic rubber, 50% of its malleable iron, 33% of its zinc, 25% of its steel and 17% of its aluminum. Motor vehicles also consume nearly 40% of the 6.7 billion bbl. of oil used in the U.S. every year...
...channel some federal subsidies into specific regions of the country that have been hard hit by declining industries, foreign competition, expensive energy and inadequate investment. The first recipient of such assistance is likely to be the factory belt stretching from Pennsylvania to Michigan that encompasses the auto, steel and rubber industries. Financing would be channeled through an existing Government agency such as the Economic Development Administration. The EDA would invest in large-scale projects and help industries to modernize their factories and improve or change their products in order to compete in world markets. Carter's economic renewal plan...